FIFA announces Confederations Cup total prize pool to be $20mln

MOSCOW, November 25. /TASS/. The total prize pool of the 2017 Confederations Cup, due in Russia, is $20 million, FIFA said in a press release on Friday.

"The winner of the final, which will take place in Saint Petersburg on 2 July 2017, will receive $4.1mln, with the runner-up taking home $3.6mln," the document reads. "Three million dollars awaits the third-placed team, while the other semi-finalist will receive $2.5mln."

"Each of the four teams that do not advance beyond the group stage will receive $1.7mln," FIFA said.

The 2017 FIFA Confederations Cup will be held between June 17 and July 2 at four stadiums in Russia and they are Otkritie-Arena in Moscow, Zenit-Arena in St. Petersburg, Fisht in Sochi and Kazan-Arena in Kazan.